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The best states for business

While the United States was founded on the principle of equality for all people, the 50 states are decidedly unequal in providing opportunities for business. For companies choosing to locate in the United States, deciding the state in which to base their operations can be very difficult.

To determine America’s best states for business, 24/7 Wall St. identified nearly 50 measures that contribute to the business climate and reviewed them in each of the 50 states. The measures were classified into eight larger categories that independently measured various risks and benefits of doing business in each state.

The health of a state’s economy, the result of a confluence of factors, is perhaps the most important consideration for businesses choosing a location. The growth of economic output in 2013 in seven of the 10 best states for business was greater than the national GDP growth rate of 1.8%.

Thomas C. Frohlich, Alexander Kent and Mark Lieberman, 24/7 Wall St.

Full Story: http://www.usatoday.com/story/money/business/2015/03/01/247-wall-st-best-states-business-story/24107507/

Full List: http://247wallst.com/special-report/2015/02/26/the-best-and-worst-states-for-business/6/

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